Lakeland Bancorp Investor Conference Presentation Deck slide image

Lakeland Bancorp Investor Conference Presentation Deck

Setting New Post-COVID Margin Baseline $50 $45 $40 $35 $30 $25 $20 $15 $10 $5 Pandemic Era |||||||||||||||||| Q3-FY2019 Q4-FY2019 Q1-FY2020 Q2-FY2020 Q3-FY2020 Q4-FY2020 Q1-FY2021 Q2-FY2021 Q3-FY2021 Q4-FY2021 Q1-FY2022 Q2-FY2022 Q3-FY2022 Q4-FY2022 Q1-FY2023 Q2-FY2023 Q3-FY2023 Q4-FY2023 Q1-FY2024 Net Sales (in millions of dollars) Gross Margin % Adjusted EBITDA Margin % • Proven results from plan implemented in 2019 to sustainably improve performance, including Adjusted EBITDA margin expansion • New baseline coming into focus as world exits COVID-19 pandemic Lakeland 60% 50% 40% 30% 20% 10% 0% -10% 7
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